Seadrill (SDRL) Asset Utilization Ratio (2018 - 2026)
Seadrill recorded quarterly Asset Utilization Ratio of 0.41 in Q1 2026, up 8.25% quarter-over-quarter from 0.38 in Q4 2025, and up 24.26% year-over-year from 0.33 in Q1 2025.
Seadrill's Asset Utilization Ratio history runs 9 years deep, the most recent figure standing at 0.41 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 24.26% year-over-year to 0.41; the TTM figure through Mar 2026 stood at 0.41 (up 24.26% YoY), while the FY2025 annual figure was 0.35, up 7.22% from the prior year.
- Asset Utilization Ratio came in at 0.41 for Q1 2026 at Seadrill, up from 0.38 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.66 in Q1 2023 to a low of 0.22 in Q3 2023.
- A 5-year average of 0.36 and a median of 0.34 in 2025 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio jumped 399.15% in 2022 and plunged 59.88% in 2024, its largest moves.
- Seadrill's Asset Utilization Ratio stood at 0.35 in 2022, then slipped by 27.18% to 0.26 in 2023, then advanced by 29.8% to 0.33 in 2024, then advanced by 13.77% to 0.38 in 2025, then grew by 8.25% to 0.41 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.41, 0.38, and 0.36 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.69 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.43 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.27 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 0.85 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.62 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 0.41 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 0.00 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 0.70 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 0.66 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.42 |
| Feb 22, 2022 | 0.32 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.09 |
| Mar 31, 2021 | 0.12 |
| Dec 31, 2020 | 0.26 |
| Jun 30, 2020 | 0.18 |
| Mar 31, 2020 | 0.17 |
| Dec 31, 2019 | 0.15 |
| Sep 30, 2019 | 0.16 |
| Jun 30, 2019 | 0.14 |
| Mar 31, 2019 | 0.13 |
| Dec 31, 2018 | 0.14 |